In certain cases the Limited Partnership has significant asset protection and tax advantages. For example, in a Family Limited Partnership the Parents take the responsibility of day-to-day management as a 2% General Partnership (each Parent 1%) and retain 98% as Limited Partners.
Milk thistle was approved in 1986 as a treatment for liver disease and it is widely used to treat alcoholic hepatitis, alcoholic fatty liver, cirrhosis, liver poisoning and viral hepatitis. It has also been shown to protect the liver against medications such as acetaminophen, a non-aspirin pain reliever.
The use of milk thistle to treat almost all liver disorders had been approved in the late 1980s, and some even claim that its ability to protect the liver cannot be equalized to any prescription med. The seeds or fruit of the herb is used for medicinal purposes.